Georgetown Duplex on Large
For Sale
$749,000
40202 Settlers Path, Georgetown, TX 78626
Income-producing duplex in Georgetown on a .88 acre lot.
Property Size3,584 SF
Lot Size0.88 Acres
Price / SF$208.98
Days on Market211
Property Features for 40202 Settlers Path
General Information
Standard status
Active
Size
3,584 SF
Lot size
0.88 Acres
Building Details
Year Built
1986
Listing Agency:
Response Realty Advisors, LLC
Listed By:
Rob Hinton · License #0645215
(512) 924-3060
Source:
Texasrealtygroup
Added: Mar 26
Changed: Oct 3
Last Checked: Oct 6 at 12:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Response Realty Advisors, LLC
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Investment Insights
Based on property information with market context.
This 3,500+ square foot duplex in Georgetown, Texas, presents an opportunity for investment, income generation, or residential use. Situated on a .88 acre lot near the 130-Tollway and I-35, the property features a floor plan with ample space, a detached shed/workshop, two garages, driveways, and parking. Each side of the duplex includes three bedrooms, bonus rooms/office spaces, laundry rooms, and 3.5 bathrooms. The left unit was updated in 2020 with new wood floors, an upgraded kitchen, and updated bathrooms. The entire building has a newer roof, and the well, well-house, and pump were upgraded in 2021. The exterior features stone siding on the front and hardy board around the rest of the main building. The Tesla Giga-Factory is located along the 130, and the Samsung campus in Taylor is easily accessible. The Circuit of the Americas, Austin’s Q2 Soccer stadium, downtown Georgetown, Downtown Austin, the Austin-Bergstrom Airport, and The Domain are also easily accessible, with restaurants and retail in the surrounding area.
Key Highlights
- Income‑producing duplex with 3,500+ sq ft on a .88 acre lot.
- Prime location near 130‑Tollway and I‑35, offering easy access to Tesla Giga‑Factory, Samsung campus, Austin, and Georgetown.
- Updated left unit (2020) with new wood floors, upgraded kitchen & baths.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,099
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,980
$1.2M
Cap Rate 7%
$858,557
$858.6K
Cap Rate 9%
$667,767
$667.8K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$90.3K $25.20/SF
− Vacancy
−$4.5K −$1.24/SF
EGI
$85.9K $23.96/SF
− OpEx
−$25.8K −$7.19/SF
NOI
$60.1K $16.77/SF
Area
Williamson County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,980
Cap Rate 7%
$858,557
Cap Rate 9%
$667,767
Alternative Uses
Best Use
Multifamily LT 5
$858.6K
$751.2K – $1.00M
NOI $60,099 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$784.9K
$686.8K – $915.7K
NOI $54,940 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,874 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
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Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex in Georgetown on a .88 acre lot.
Where is this duplex located?
The property is located at 40202 Settlers Path Georgetown, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Income‑producing duplex with 3,500+ sq ft on a .88 acre lot.; Prime location near 130‑Tollway and I‑35, offering easy access to Tesla Giga‑Factory, Samsung campus, Austin, and Georgetown.; Updated left unit (2020) with new wood floors, upgraded kitchen & baths.**
